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Parker's lifts the lid on a fresh round of price increases from April

  • Full rundown of the latest round of car price rises
  • Ford leads the way with the biggest increase
  • Majority of manufacturers to put prices up

Written by Parkers Updated: 1 February 2017

 

 

Citroen

Price rise                             To be announced
When From 1 April
Last price rise January and February totalling an average 3.5 per cent
What they say "Everything is related to the exchange rate differentials. People might think it is wrong putting prices up when manufacturers are struggling to sell scrimple cars but the pound is just doing so badly against the euro."

 

 

Ford

Price rise                             Average of 3.75 per cent across the whole range
When From 1 April
Last price rise 3 February by 4.7 per cent
What they say "Over the last 18 months we have seen a 30% decline in the value of the pound against the euro and that’s hurting us and making it more expensive to bring cars and raw materials into the country."

 

 

Honda

Price rise                             Average of 3.0 per cent but varies across the range
When From 1 April
Last price rise January
What they say "The reason for our increase is the fluctuating exchange rates between the yen and the pound and also the increase in costs for raw materials."

 

Kia

Price rise                             Average of 3.0 per cent across the range
When From the start of April
Last price rise December 2008
What they say "This has come about purely as a response to the weakness of the pound, and the strength of the euro and dollar which have impacted on Kia Motors UK and the whole industry in recent months."

 

 

Land Rover

Price rise                             Varies across range with 3.0 per cent rise on Discovery, Freelander and Defender
When From 1 April
Last price rise September 2008
What they say "This is an industry wide thing that is affecting everyone with most manufacturers doing the same thing because of other market pressures and we're just falling in line with that."

 

 

Mercedes-Benz

Price rise                             Average 1.5 per cent but only applies to certain models
When From 1 April
Last price rise 1 April 2008
What they say " The inflation rate for UK products in 2008 has been quite dramatic, and a number of competitors increased their prices in January 2009. Mercedes-Benz has worked hard to minimise these cost increases to customers. The costs of raw materials used in the manufacturing of cars, plus energy and fuel costs have risen dramatically in 2008, and only a small percentage of these are being included in the inflationary measures."

 

Nissan

Price rise                             Average of 3.4 per cent across the range but not on 4x4s
When From 9 April
Last price rise October 2008 by an average of 1.5 per cent
What they say "The pressures from the economy are the main reasons, but everyone is being impacted in the same way. The exchange rate fluctuation doesn't help either and it's putting us under pressure."

 

 

Peugeot

Price rise                             Average of 0.6 per cent across the range
When From 1 April
Last price rise 1.5 per cent in January on particular models
What they say "We've all been absorbing the difference between the sterling and the euro. It is affecting the UK market more than any other."

 

 

Renault

Price rise                             Average of 1.8 per cent
When From 7 April
Last price rise 10 February by an average of 2.0 per cent.
What they say "The rises are all down to the current exchange rate and the weakening value of the pound against the euro."
  

 

SEAT

Price rise                             Average of 3.5 per cent across the range
When From 1 April
Last price rise Since January 2008 prices have gone up by 5.5 per cent
What they say "The rises are for the same reasons as most of the other manufacturers, the current poor value of the pound against the euro."

 

 

 

 

Skoda

Price rise                             Average of 2.7 across the range
When From 1 April
Last price rise Last price rise was in January
What they say "The price rise was due purely to the continuing weakness of the Birtish Pound compared to the Euro, which is affecting the entire industry in the UK.  We delayed as long as we could and did all we could to minimise the impact on our customers."
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Toyota

Price rise                             To be announced
When Ongoing decision
Last price rise 27 February between of 1.0 - 2.0 per cent on particular models
What they say "No decision has been made yet but they are likely to rise at some point in the coming months. The reasons for this is the weakening pound as well as being driven by the market prices and what our competitors are doing."

 

 

Vauxhall

Price rise                             An average of 4.0 per cent across the range
When From 3 April
Last price rise 3 February by an average of just under 5.0 per cent
What they say "The reason for the latest price rise is exactly the same as the previous one and that is the continuing decline of the pound against the euro."

 

The following manufacturers that have told Parker's they will not be increasing prices in the foreseeable future are: Volkswagen, Audi (significant spec changes could affect model prices) and BMW (prices are being revised for a change later in the year.).

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